FDIC MAKES PUBLIC JANUARY 1996 ENFORCEMENT ACTIONS;ONE ADMINISTRATIVE HEARING SCHEDULED FOR MARCH

FOR IMMEDIATE RELEASEPR-17-96 (3-1-96)

Media Contact:David Barr (202) 898-6992

The Federal Deposit Insurance Corporation today released a list of
orders of administrative enforcement actions taken against banks and
individuals in January. One administrative hearing is scheduled for
March.

The FDIC processed a total of nine final orders in January. These
included two voluntary terminations of insurance, one civil money
penalty, two modifications of cease-and-desist orders, one modification
of a supervisory prompt corrective action directive and three
terminations of cease-and-desist orders.

Copies of the orders referred to above can be obtained from or
inspected at the Public Information Center, FDIC, 801 17th Street, N.W.,
Room 100, Washington D.C. 20434 (telephone (703) 562-2200 or fax (202)
416-2076). A list of the orders made public today and details about the
March hearing are attached.

Congress created the Federal Deposit Insurance Corporation in 1933 to
maintain public confidence in the nation's banking system. The FDIC
insures deposits at the nation's 12,000 banks and savings associations
and it promotes the safety and soundness of these institutions by
identifying, monitoring and addressing risks to which they are exposed.